Here's Why Investors Should Retain DraftKings Stock for Now

DraftKings Inc. (DKNG) is likely to benefit from customer acquisition strategies, new product rollouts and Jackpocket Integration. Also, the emphasis on the surcharge solution bodes well. However, elevated marketing expenses are a concern. Factors Driving DKNG Stock Strong Customer Acquisition: DraftKings has demonstrated significant progress in acquiring new customers in its Online Sports Betting and iGaming sectors. Customer growth surged by nearly 80% year over year in the second quarter of 2024. Even in ...